By Zach Equity Research
U.S. cable MSOs (multi service operators) have a reason to smile as a recent report of Leichtman Research Group Inc. (LRG) revealed encouraging data which illustrates cable MSOs’ dominance in the high-speed broadband (Internet) market, steering past the telecom industry.
This comes as a respite at the time when the cable TV operators have been losing foothold in the core video market to fiber-based telecom operators and online video streaming service providers.
For the first-time in the 65-year long history of the cable TV Industry, cable MSOs outpaced telecom operators in the high-speed data market during the second quarter of 2014. Cable MSOs further consolidated their positions in the second half of 2014 as per LRG reports.